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Niceville 32578
497 20Th Street
$385,000
● House - Off Market

497 20Th Street

Niceville, FL 32578
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,558 Ft²
$1,891
Est. Monthly

About This Property

Don't miss out on this beautiful well maintained 3 bedroom 2 bath home that won't last long.  NEW carpet in all 3 bedrooms.  Open layout for great entertaining.  Weather King 12' x 24' Outbuilding, can be used as a workshop, storage area or separate office space.  NO HOA in this wonderful Niceville neighborhood. The home is centrally located for convenience which provides a short commute to Eglin & Hurlburt Field, highly rated school district, shopping and the beautiful white sandy beaches! Buyer to verify all measurements. Home & outbuilding being sold ''as is''.  Roof Installed 2021 & HVAC 2019
Unit Size
1,558 Ft²
Days on Market
48 days
Land Size
0.17 acres
Price per sqft
$247
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1994

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 6 months ago (ECAR #999176)

Price History

Date / Event Date Event Price
May 15, 2026 Sold
Premium
Sold
Apr 9, 2026 In contract -
In contract
Mar 28, 2026 Listed by Newman Dailey Resort Properties $385,000
Listed by Newman Dailey Resort Properties
Jun 9, 2021 Sold
Premium
Sold
Mar 28, 2021 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 21
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 380
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,546
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,123
  • Gross Building Area: 2,123
  • Building Area: 1,558
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,558
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VALPARAISO P/C
  • Land Acres: 0000000173
  • Standard Land Use Code: 1001
  • County Land Use Code: 000100
  • State Land Use Code: 001
  • Legal Description 1: VALPARAISO P/C 5 E1/2 LOTS 7 & 8 BLK 117

Neighborhood

  • School District Name: Okaloosa County School District
  • Census Tract: 021102

Geography

  • Assessors Map Reference: 23
  • Parcel: 05-1S-22-256E-0117-0070
  • Block: 117
  • Lot: 7,8
  • Meridian: SEC 05 TWN 01S RNG 22W
  • Municipality: NICEVILLE
  • Latitude: 30.5055
  • Longitude: -86.4657

    Address

  • Full Address: 497 20th St
  • Address - House Number: 497
  • Address - Street Name: 20th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Niceville
  • Carrier Code: R005
  • 4-Digit Zip Code: 3387
  • Zip Code: 32578

Valuation

    Tax

  • Total Area: 1,823
  • Tax Year: 2023
  • Tax Amount: $284,611
  • Tax Rate Code Area: 006

    Appraisal Valuation

  • Standard Deviation: 0.1985
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 382,155
  • High Value: 458,044
  • Low Value: 306,266

    Market Valuation

  • Market Total Value: $274,905
  • Market Land Value: $68,548
  • Market Improvement Value: $206,357

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,221

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 26, 2021
  • Current Sale Recording Date: Jun 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3462536
  • Previous Sale Recording Date: Mar 12, 2014
  • Previous Sale Contract Date: Feb 12, 2014
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Niceville

Stats & Trends

Median Asking:

$419,950

Sale Price/ft²

$250

Below Asking

0.02%

Average Days on Market

71

Average Home Size

2021 ft²

Average Home Age

26.3 years

Currently For Sale

64 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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ECAR

Listed by: Lupe Batarao, Newman Dailey Resort Properties
Last Updated: 6 months ago
Data Source: Emerald Coast MLS (ECAR), MLS# 999176
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 497 20th Street built and last sold?
The property at 497 20th Street was built in 1994 and last sold on May 26, 2021 for $314,000.
How much is this home worth?
The estimated value of the home located at 497 20th Street is $383,175.
What are some comparable homes to 497 20th Street?
There are currently no comparable homes to 497 20th Street.
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